Thomson Reuters has formed a six-member foreign exchange analyst team to enhance its FX, macroeconomic and money market news and analysis offerings.
The global team of analysts will serve as core contributors to Reuters’ newly launched global treasury chatroom, The Dealing Room, and will make regular appearances on Thomson Reuters Insider’s daily FX programmes as well as contribute market commentary to Thomson Reuters’ financial clients.
The team consists of Rick Lloyd, who is based in Singapore; Neal Kimberley and Marco Garavello, based in London; Kevin Weir and Jim Cochrane in New York; and Krishna Kumar in Sydney.
Lloyd has spent more than three decades in the FX market trading spot, options and forwards. For six years he ran ABN Amro’s G10 FX trading desk in Asia and before that headed Commonwealth Bank of Australia’s global FX trading and sales business where his desk was among the first to trade the euro common currency in 1999. Lloyd started his career as a spot FX trader at Morgan Guaranty Trust in London and then worked at banks in Los Angeles for 13 years, including Bank of America.
Kimberley, a 24-year veteran of the FX markets, joined Reuters in September after running the FX sales desk at Bank Tokyo-Mitsubishi UFJ. Prior to that, he was chief dealer in European currencies at the bank. He also has worked as a senior dealer in Cable at the Bank of Nova Scotia, Bergen Bank and as an FX trader at Continental Illinois.
Garavello, who specialises in FX options, joined Reuters in October from Morgan Stanley where he made markets in vanilla and exotic options on euro-based currency pairs. he also assisted in pricing and risk management of structured products and in sales to European corporate clients of hedging solutions and structured products. Prior to that, he was an analyst in FX sales and in equity research for insurance at Merrill Lynch.
Weir spent the last 12 years with State Street in Boston as a senior managing director in charge of multi-asset class sales working closely with the academics at State Street Associates. Prior to that he worked in FX sales and trading with Lloyds Bank, CIBC and ABN Amro.
Cochrane, who specialises in Latin American currencies, particularly non-deliverable forwards, has worked in institutional FX sales and as an emerging markets local currency research analyst at Standard Chartered, RBS, Deutsche Bank and Citi.
Kumar, meanwhile, has more than two decades of experience in the FX markets. For the past two years, he ran his own currency consultancy from Sydney and previously worked as a proprietary trader at Erste Bank and Commerzbank in Hong Kong. For 10 years he worked at Commonwealth Bank of Australia in different roles across Asia, including chief dealer for Asian currencies where he was head of spot, forward and NDF trading.
“The [team’s] market intelligence on currency flows, trading strategies, discussion around who’s up and who’s down and chewing the news with the journalists on the front line is providing a lively, compelling and addictive mix,” says Stella Dawson, global editor, Reuters Treasury News.